Joy Business News

News from the world of business.

The Governor of the Bank of Ghana (BoG) Dr. Ernest Addison has cautioned person’s speculating and betting on the cedi’s current challenges to desist from the act, warning such persons will soon regret their actions.

According to the Bank of Ghana, the stock of Gross International Reserves increased to $6.59 billion in April 2024 representing 3.0 months of import cover, compared with $5.91 billion (2.7 months of import cover) at end-December 2023.

Finance Minister, Dr Mohammed Amin Adam, has revealed that the bilateral creditors through the Official Creditor Committee have shared the draft document on Ghana’s debt restructuring with members for consideration.

News from the world of business.

Members of the Ghana National Petroleum Tanker Drivers Union have commenced an indefinite sit-down strike, demanding better conditions of service.

News from the world of business.

Ghana set to sign debt restructuring agreement with external creditors this week.

Some banks deny allegations of engaging in practices that put pressure on the Ghana cedi.

NPA sets a new benchmark for the pricing of petroleum products from now to the end of the month.